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Slatina-3 relaunched by Jordan Oxley after Cindrigo’s bankruptcy in Croatia

Investor Jordan A. Oxley has acquired the Slatina-3 geothermal asset for €400k after Cindrigo’s bankruptcy, betting on a technical and regulatory revival within Croatia’s complex permitting framework.

Slatina-3 relaunched by Jordan Oxley after Cindrigo’s bankruptcy in Croatia

SectorÉnergie Géothermique, Profonde chaleur
ThemeInvestissements & Transactions, Investissement entreprise

The Slatina-3 geothermal exploration field, located in north-eastern Croatia, has changed hands following the bankruptcy of Dravacel, formerly owned by Cindrigo Geothermal. The asset was acquired for €400k by Jordan Alexander Oxley, a Canadian investor and managing director of Green Energy Geothermal, a subsidiary of Energy Co-Invest Global Corp.

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Énergie Géothermique